Our dedicated legal team at the Law Office Of Patricia M. Machado, P.C. is working hard to serve our clients’ legal needs during the COVID-19 pandemic. We know that this time of uncertainty has many worried about how their lives might be impacted by the closure of courts and various government agencies throughout the state. Here are some of the important developments and resources regarding COVID-19 that you need to know if you live in New York:
Federal Income Tax Deadline Changed
The due date to file your federal income taxes has been extended from April 15, 2020, to July 15, 2020. If you pay taxes, then you can defer your federal income tax payments to the new due date without incurring penalties and interest, regardless of how much you owe the IRS. The deferment covers all taxpayers, including:
- Individuals
- Trusts
- Estates
- Corporations
- Non-corporate tax filers
- Individuals who pay self-employment tax
You can learn more about the extended deadline and how to deduct COVID-19 costs from your taxes here: https://www.irs.gov/coronavirus-tax-relief-and-economic-impact-payments
Helpful Resources for Your COVID-19 Questions
- To get the most recent information and updates from the Federal Government, visit: https://www.usa.gov/coronavirus
- If you’re looking for the latest information from the Coronavirus Task Force, go to: https://www.whitehouse.gov/news/
- Businesses with employees affected by COVID-19 can learn more about relief options at: https://www.irs.gov/newsroom/treasury-irs-and-labor-announce-plan-to-implement-coronavirus-related-paid-leave-for-workers-and-tax-credits-for-small-and-midsize-businesses-to-swiftly-recover-the-cost-of-providing-coronavirus
- The Department of Treasury also has coronavirus resources that can be viewed here:https://home.treasury.gov/policy-issues/cares
- The U.S. Department of Labor helps workers and employers prepare for the COVID-19 virus. To learn more, go to: https://www.dol.gov/coronavirus
- The U.S. Department of Education has information for students, borrowers, and parents. You can find more information at: https://www.ed.gov/coronavirus
- Under the SBA Loan Assistance Programs, small businesses can apply for financial assistance if they have been impacted by COVID-19. Learn more here: https://www.sba.gov/funding-programs/disaster-assistance
State of New York Resources
- With the exception of those performing essential services, 100% of the states’ workforce is required to stay home. Click here to learn more about New York’s stay at home order: https://coronavirus.health.ny.gov/home
- Businesses owners who have questions regarding COVID-19 should visit: https://esd.ny.gov/novel-coronavirus-faq-businesses
- New York residents who have lost their job due to the coronavirus can learn how to file a claim for unemployment insurance benefits here: https://labor.ny.gov/ui/how_to_file_claim.shtm
- Banks and insurance companies are offering relief during this time. To learn more about the NYS Department of Financial Services, go to: https://www.dfs.ny.gov/
New York City Resources
- Small business owners operating in New York City affected by COVID-19 can get more information about grants, updates, and more by calling 311 or visiting: https://www1.nyc.gov/site/sbs/businesses/covid19-business-outreach.page
- To find out more about New York's SBA Loan Assistance Program, click here: https://www1.nyc.gov/site/sbs/businesses/covid19-business-financial-assistance.page
Consult With an Experienced Lawyer Today
The Law Office Of Patricia M. Machado, P.C. is available to assist clients throughout New York during this time via video chat, phone, or email. So please don’t hesitate to reach out to our law firm if you need legal advice regarding any immigration law, criminal law, or family law matters. Everyone at our firm sends our best wishes and hope that you and your loved ones stay safe and healthy as our country pulls together to get through this challenging time.
Call (646) 355-1560 to request your consultation with a seasoned lawyer today. Hablamos Español!